News · 22 May 2026
Apollo offers Bodycote 885p per share, 16.1p dividend.
Unsplash / Nicholas Cappello
If a deal goes through, Bodycote shareholders are poised to receive a cash payment of 885 pence for each share, along with a 16.1 pence dividend marked as the final one for 2025. On 22 May 2026, Bodycote's board confirmed it had received a conditional cash offer proposal from Apollo Global Management, covering the company's entire share capital. It's not the first approach — Apollo has put forward several proposals previously, and the two sides are now in active talks.
Reported by Reuters · How we write briefs